Between the takeover of its Western studios by Embracer Group and the failure of some of the latest productions, such as Babylon’s Fallthe financial report of Square-Enix was eagerly awaited at the turn. And contrary to what some might think, the group is doing well, and is posting higher results compared to the previous fiscal year, which the publisher owes in large part to its flagship MMO, Final Fantasy XIV.
MMOs are good for the publisher
Even though it was withdrawn from sales for a few weeks, Final Fantasy XIV is today one of a main drivers of Square Enix. The output ofEndwalker was more than profitable if the report is to be believed, which will come as no surprise, while Dragon Quest X also continues to make profits.
And if the publisher is making more profit than last year, sales of other so-called HD games are a little less profitable, even if no sales figures were shared in stride. The company is now looking to strengthen its licensing ecosystem, while creating new IPs.
A new time, Square Enix shows its interest in all things blockchain and play-to-earn games here, as its president Yosuke Matsuda has repeatedly hammered home. The publisher benefits from his game Shi-San-Sei Million Arthur to continue to invest in the field of NFTs, and the 300 million dollars recovered following the sale of Crystal Dynamics and Eidos Montreal will continue to push research and development in these new technologies, still poorly received by the general public.